Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to design and optimise algorithmic trading strategies in intraday power markets.
- Company: Macquarie, a global financial services group with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in a cutting-edge trading environment while developing your skills.
- Qualifications: 3+ years in algorithmic trading, strong quantitative skills, and proficiency in Python or C++.
- Other info: Embrace diversity and inclusion in a supportive team atmosphere.
The predicted salary is between 36000 - 60000 £ per year.
The Intraday Trading team is a new desk in Macquarie, covering proprietary Intraday power trading across European markets and leading expansion into new territories. We are in the stages of gaining market access and building an internal framework to support dynamic, technology-driven systematic and discretionary trading. We are developing proven strategies that will play a pivotal role in Macquarie's global commodities business.
We foster a collaborative and entrepreneurial environment, leveraging fundamental, quantitative, and technical analysis to identify trading opportunities and deliver consistent results. Our focus is on generating strong risk-adjusted returns and expanding Macquarie's capabilities in the systematic trading space.
As an Intraday Algorithmic Trader, you will join a growing trading team, identifying and capitalising on opportunities in the intraday power markets. You will design, implement, and optimise algorithmic trading strategies, continuously monitoring performance to improve profitability and manage risk. Working closely with fellow Algo, discretionary traders and developers, you will strengthen models, enhance execution, and apply data-driven techniques for backtesting and validation. You will stay ahead of market trends, regulatory developments, and emerging technologies, contributing insights that shape the firm's broader trading strategy.
You are an experienced Algorithmic Power Trader with deep knowledge of intraday power markets, a strong quantitative background, and a proven track record of developing profitable algorithmic strategies.
What you offer:
- Proven experience in algorithmic trading within intraday power markets (minimum 3+ years).
- Strong quantitative and programming skills, with proficiency in Python, C++, or other relevant languages.
- Deep understanding of European, Japanese, or US power markets, including pricing dynamics and intraday trading strategies.
- Demonstrated ability to develop, test, and deploy algorithmic trading strategies.
- Strong risk management capabilities and experience operating in a performance-driven trading environment.
- Proven track record of generating consistent profits through algorithmic trading.
- Ensure adherence to all relevant regulatory requirements.
- Strong entrepreneurial mindset with the ability to independently source, evaluate, and structure new trading opportunities.
- Demonstrated success in high-pressure environments and collaborative team settings.
- Fluent in English, with proficiency in additional languages considered an advantage.
We love hearing from anyone inspired to build a better future with us. If you're excited about the role or working at Macquarie, we encourage you to apply.
About Commodities and Global Markets: Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution, and logistics solutions to its diverse client base across Commodities, Financial Markets, and Asset Finance.
Our commitment to diversity, equity and inclusion: We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.
Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.
Intraday Algo Trader in London employer: Macquarie Bank Limited
Contact Detail:
Macquarie Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Intraday Algo Trader in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Macquarie on LinkedIn. A friendly chat can give you insider info and might even lead to a referral, which is always a bonus.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your algorithmic trading strategies and results. When you get the chance to chat with recruiters or during interviews, having tangible examples will set you apart from the crowd.
✨Tip Number 3
Stay updated on market trends! Follow relevant news and reports about European power markets. Being able to discuss recent developments shows your passion and commitment to the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the Macquarie team.
We think you need these skills to ace Intraday Algo Trader in London
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your algorithmic trading experience and quantitative skills in your application. We want to see how you've successfully developed and deployed strategies in intraday power markets, so don’t hold back!
Tailor Your Application: Take a moment to customise your CV and cover letter for this role. Mention specific experiences that align with the job description, especially your knowledge of European power markets and risk management capabilities.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to see your achievements and skills at a glance. We appreciate straightforward communication!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people and shows your enthusiasm for joining our team at Macquarie!
How to prepare for a job interview at Macquarie Bank Limited
✨Know Your Markets
Make sure you brush up on your knowledge of the European power markets. Understand the pricing dynamics and recent trends, as this will show your genuine interest in the role and help you answer questions more confidently.
✨Showcase Your Skills
Prepare to discuss your programming skills in Python or C++. Be ready to share specific examples of algorithmic trading strategies you've developed, tested, and deployed. This is your chance to demonstrate your technical prowess!
✨Risk Management Matters
Be prepared to talk about your approach to risk management. Share experiences where you successfully navigated high-pressure situations and how you ensured adherence to regulatory requirements while maintaining profitability.
✨Collaborative Mindset
Highlight your ability to work in a team. Discuss how you've collaborated with traders and quants in the past, and be ready to share insights on how teamwork can enhance trading strategies. Macquarie values a friendly and supportive environment!
